• (305) 432-5151 wclark@clarkcapitalfunding.com
  • 201 S. Biscayne Blvd, Suite 2800 Miami, FL 33131
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Hospitality & Hotel Loans

The Right Construction Loan for Your Project

If you are looking to buy an existing hotel property, to build a new ground-up, to refinance a maturing loan for better terms, or to fund a renovation, we provide hotel financing to owners and developers for full-service hotels for every major chain (in addition to boutique and independent hotels). We offer immediate access to industry experts who can get your loan closed quickly.

 

Clark Capital Funding Group, LLC has long-lasting lending relationships with its network of correspondent hotel lenders that is comprised of life insurance companies, banks, agencies, and conduits. Our lenders provide us limitless capital sources using debt & equity that enables us to provide our clients with a broad range of highly competitive hospitality financing options and loan products.

 

  • Loan amount up to $100 million
  • High loan-to-cost (up to 75%) which include hard & soft costs, FF&E, ‘PIPs’, and closing costs
  • Interest Rates as low as 4%
  • Franchised hotels or upscale independent/boutique properties
  • Non-Recourse, limited-full performance-based burn-off
  • Experts who can get your hotel loan closed in a simple, efficient, and quick manner
  • New construction loans are currently available for franchisors and/or municipalities. These loans are generally short-term (3-5 years) with the first two years’ interest only. After the term expires, owners typically refinance and obtain traditional financing at a lower rate and 25-year amortization.

 

We provide a broad range of commercial loans starting at $1,000,000- $500,000,000 to assist you with all your capital requirements.

 

Our financing programs continue to have significant competitive advantages for borrowers. The current list of properties that we deal with includes a variety of single-tenant & multi-unit family structures, mixed-use apartment & retail centers, residential apartment buildings, neighborhood centers, multi-tenant or single-tenant office buildings, industrial warehouse & manufacturing, medical, hotels & hospitality, triple NNN properties, credit tenant and churches.

Capex Financing

Clark Capital Funding Group LLC is able to thoroughly structure a capex loan to meet the franchise’s specific needs and the requirements of their senior mortgage through several loan and lease options.

 

Capex financing can provide up to 20% of the total project costs for a new construction project. This allows the developer to more easily secure construction financing as this lowers the overall risk to a potential construction lender.

 

We provide Capex/FF&E financing for:

  • Hotel Renovations
  • Property Improvement Plans (‘PIPs’)
  • Brand Conversions
  • Furniture, Fixture, and Equipment (FF&E) carve-out for new construction
  • These loans typically range from $1 million to $10 million and are amortized over the useful life of the improvements (usually 3-10 years). We can close a loan in two days.

Competitive Rates and the Service You Deserve

At Clark Capital Funding Group, LLC, our goal is to provide investors nationwide with the most favorable financing rates available. We want to make the process of financing commercial real estate easy and hassle-free, and that’s why we go out of our way to offer great service, no matter the size of the loan or transaction. Every member of our team is committed to excellence; and we work hard to not just meet, but exceed our customers’ expectations.

 

If you want to invest in real estate, come to us for help with your financing. Call or visit us today for more information or to schedule an appointment.